Surrenda-link Investment Management Selects SunGard’s Ambit Leasing & Asset-Based Finance Solution

London - 1 July 2009

Surrenda-link Investment Management (Surrenda-link), aleading fund manager and investment advisor specialising in Traded Life Investments, has commenced implementation of SunGard’s Ambit Leasing & Asset Based Finance solution. The solution will help Surrenda-link automate its asset management processes from contract origination through to completion. It will also help Surrenda-link improve client reporting and reduce costs related to administrative overheads, and will help support the firm’s ongoing expansion in the U.S. life settlement market, where it is already a market leader.

To support its business growth and a clearly defined global business strategy, Surrenda-link had identified the need for a solution to help improve its data management and reporting capabilities. This solution would also need to support and integrate with Surrenda-link’s existing in-house modeling and valuation functions. SunGard’s Ambit met these needs by offering Surrenda-link automated reporting and a single, hosted platform for viewing data.

Jeremy Brettell, chief executive at Surrenda-link Investment Management, said: “We had a clearly defined need for a solution that would help us to produce more intuitive and up-to-date reports on the investment portfolios of and for our clients, as well as integrate with key existing systems. The Ambit Leasing & Asset Based Finance solution was identified as providing us with a flexible technology platform, capable of joint development with the SunGard team, that would automate and improve reporting. At the same time, it could help us to deliver client services in our specialist market sector that we believe will be ahead of any competitor capability. Furthermore, the hosted model will help us to keep costs down in the face of these process improvements.”

Dave Barrett, chief operating officer at SunGard’s Ambit Leasing & Asset Based Finance business unit, commented: “Increasingly, organizations such as Surrenda-link are choosing to turn to outside vendors for technological application support. This is an effective and cost-efficient option for firms that want to reap the benefits of automation without the upfront capital that is traditionally related to new infrastructure builds.”

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